Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Turkey - 2024
Contents:
- Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Turkey (CIF) - 2022
- Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Turkey (FOB) - 2022
- Imports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Turkey
- Exports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Turkey
Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Turkey (CIF) - 2022
In 2022, the average import price for pocket watches and other watches, including stop-watches; battery or accumulator powereds amounted to $3.3 per unit, declining by -19% against the previous year. Overall, the import price continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2014 when the average import price increased by 61%. The import price peaked at $9.2 per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to -2.7% per year.
Price for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Turkey (FOB) - 2022
The average export price for pocket watches and other watches, including stop-watches; battery or accumulator powereds stood at $25 per unit in 2022, surging by 109% against the previous year. Over the period under review, the export price recorded significant growth. The pace of growth was the most pronounced in 2019 an increase of 431% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was North Macedonia ($64 per unit), while the average price for exports to Israel ($1.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to North Macedonia (+64.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Turkey
In 2022, approx. 73K units of pocket watches and other watches, including stop-watches; battery or accumulator powereds were imported into Turkey; waning by -6.8% compared with the previous year's figure. In general, imports recorded a sharp reduction. The most prominent rate of growth was recorded in 2021 with an increase of 162% against the previous year. Over the period under review, imports of reached the maximum at 145K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of pocket watches and other watches, including stop-watches; battery or accumulator powereds reduced sharply to $241K in 2022. Over the period under review, imports saw a drastic downturn. The growth pace was the most rapid in 2021 when imports increased by 203% against the previous year. Imports peaked at $373K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 349 | 93.4 | 302 | 232 | -12.7% |
| Others | 24.2 | 12.1 | 16.8 | 8.5 | -29.4% |
| Total | 373 | 105 | 319 | 241 | -13.5% |
Top Suppliers of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered to Turkey in 2022:
- China (72.3K units)
Exports of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Turkey
In 2022, exports of pocket watches and other watches, including stop-watches; battery or accumulator powereds from Turkey declined notably to 1.3K units, with a decrease of -51.6% on 2021. Over the period under review, exports recorded a sharp slump. The pace of growth was the most pronounced in 2021 when exports increased by 168% against the previous year. Over the period under review, the exports of attained the maximum at 3.5K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of pocket watches and other watches, including stop-watches; battery or accumulator powereds stood at $32K in 2022. Overall, exports, however, enjoyed noticeable growth. The pace of growth appeared the most rapid in 2021 with an increase of 278% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.
| Export of Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 0.2 | N/A | N/A | 10.2 | 270.8% |
| North Macedonia | 0.4 | N/A | 1.2 | 4.9 | 130.5% |
| United States | 3.0 | 1.6 | 6.6 | 3.1 | 1.1% |
| Turkmenistan | 0.3 | N/A | 0.2 | 2.7 | 108.0% |
| Germany | 2.5 | 2.8 | N/A | 2.5 | 0.0% |
| United Kingdom | N/A | N/A | N/A | 1.4 | 0% |
| France | 0.4 | 0.8 | 3.3 | 1.1 | 40.1% |
| Cyprus | 0.8 | N/A | 0.2 | 0.9 | 4.0% |
| Albania | N/A | N/A | N/A | 0.6 | 0% |
| Bulgaria | N/A | N/A | N/A | 0.6 | 0% |
| Serbia | 0.2 | N/A | N/A | 0.4 | 26.0% |
| Iraq | 2.5 | 0.1 | 12.1 | 0.2 | -56.9% |
| Israel | N/A | N/A | 0.2 | 0.1 | -50.0% |
| Others | 17.7 | 3.0 | 7.7 | 3.4 | -42.3% |
| Total | 28.0 | 8.3 | 31.5 | 31.9 | 4.4% |
Top Export Markets for Pocket Watches and Other Watches, Including Stop-Watches; Battery or Accumulator Powered from Turkey in 2022:
- Czech Republic (427.0 units)
- Serbia (120.0 units)
- Israel (100.0 units)
- North Macedonia (76.0 units)
- Germany (71.0 units)
- Cyprus (66.0 units)
- Albania (60.0 units)
- Turkmenistan (58.0 units)
- France (54.0 units)
- United Kingdom (53.0 units)
- United States (51.0 units)
- Iraq (32.0 units)
- Bulgaria (27.0 units)
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